At Harmon & Company, CPAs, LLC, we offer you a full complement of accounting, tax, and financial services that allow you to more effectively and efficiently manage your business.
Small Business Accounting Services
Our accounting and tax services are tailored to each business owner’s circumstances. For some clients, we do all of the accounting. In other cases, we will assist where and when needed. John Harmon is a Certified QuickBooks Pro Advisor. He will streamline your accounting function while providing you with the timely and relevant financial information you need to run your business.
Tax Planning and Preparation Services
We will work year-round to stay abreast of all changes to tax laws and identify opportunities to minimize your total tax burden. Our firm also prepares all federal, state and local tax returns for individuals and businesses. Proper tax planning starts today. We will work with you to track results throughout the year in order to properly prepare for tax strategies and filing requirements.
Tax regulations are in constant flux, resulting in a difficult environment for tax compliance. We work beyond the tax forms and instructions, using the tax code, court cases and agency procedural determinations to your advantage. Communication between you and your legal and accounting advisors can help minimize possible missteps as you execute your business plan or pursue new opportunities. Better information upfront results in fewer hassles later.
Tax Credit Identification and Application
Tax credits are a much overlooked avenue to lower your tax burden. Most small businesses are unaware of the types of credits that apply to their activity or work force. We work with you to establish a business case; frequently working with qualified third party specialists who have streamlined systems to capture certain federal and state tax credits.
Business and Financial Consulting Services
Successful organizations rely on a strategic plan that bridges the gap and provides guidance in developing ways to improve efficiency and profitability in order to add value to a company and help achieve its goals. A significant element to any successful business plan is financial strategy. We will help you identify areas that may be negatively affecting profitability and growth. From there, we will work with you to develop solutions that are practical and technically sound.
Specific areas include:
- Forensic examinations
- Business purchase and sale
- Profit improvement, margin analysis and break even analysis
- Operational reviews
- Budgeting and cash management
- Financial projections
- Succession planning
- Estate planning
Business Formation and Incorporation Services
We can guide you through the process of forming your new corporation, including the preparation of financial statements and business plans to help secure funding.
To save you from unnecessary taxes and limit your liability, we’ll help select the right structure for your type of business (S-corporation, C-corporation, partnership or LLC).
Are you taking full advantage of all the tax benefits available to your business? Many of our business clients have existing proprietorship, corporate or partnership structures that are not optimizing their built-in tax benefits. We will determine whether your current corporate structure is the proper entity for your business and then implement the tax benefits going forward.
We offer a FREE initial consultation for business owners.
Please call John at (617) 794-0778 to discuss your specific needs.
We have worked with clients across a wide range of industries throughout the US. We have provided specialized services and expertise to clients in many industries including but not limited to:
We provide a wide variety of accounting and financial management services for medical practices, engineers, consulting firms, and other professional services firms.
We provide a wide variety of accounting and financial management services for manufacturing, distribution, trades, builders, automotive, engineering, and more.
In addition to servicing many dozens of retail operations as a CPA, John Harmon grew up in a family business of 9 retail stores, light manufacturing and a regional distribution company. We provide a wide variety of accounting and financial management services for specialty retailers.
Private restaurateurs face a number of special challenges. The business model incorporates manufacturing and retail distribution under one roof. Our largest restaurant client now operates 13 locations in 2 states.
While you pursue your passion, we’ll support that by simplifying your bookkeeping and tax challenges. You may have income from several sources or several states, that’s not a problem. International? We are partnered with one of New England’s premier regional accounting firms, with many international clients. Serving clients as far away as Indonesia and China.
Trust and Estates
We have hands-on experience in managing Estates and Trusts. We have created a format to track activity and investments in Quickbooks in order to maintain proper records over Revenue and Expenses as well as Assets.
Contact us to learn more about how to build and apply a more efficient solution to your accounting and tax needs.